Group 1 - The consumer market in August showed overall stability, with the Consumer Price Index (CPI) remaining flat month-on-month and decreasing by 0.4% year-on-year, while the core CPI, excluding food and energy, increased by 0.9% year-on-year, marking the fourth consecutive month of growth [1][2] - The Producer Price Index (PPI) month-on-month changed from a decline of 0.2% in the previous month to flat, with a year-on-year decrease of 2.9%, which is a narrowing of the decline by 0.7 percentage points compared to the previous month, marking the first contraction since March of this year [1][3] - The improvement in supply-demand relationships in certain industries has contributed to the stabilization of prices, with the transportation equipment prices remaining flat month-on-month and the year-on-year decline narrowing from 2.1% to 1.9% [2][3] Group 2 - The ongoing implementation of policies to stimulate domestic demand and consumption is becoming a key driver for a moderate recovery in basic price levels, as evidenced by the increase in household appliance prices by 1.1% month-on-month and a year-on-year increase from 2.8% to 4.6% [2][4] - The service prices have shown a continuous upward trend since March, with a year-on-year increase of 0.6% in August, indicating the potential for service consumption to be further released [2][3] - The overall low price level trend since the beginning of the year is expected to continue, providing ample space for future growth-stabilizing policies [3][4]
核心CPI涨幅连续第4个月扩大 专家认为——扩内需政策持续显效
Jing Ji Ri Bao·2025-09-10 22:09